Plymouth - 5 Year Rent To Serviced Accommodation Opportunity - Click for more info

Plymouth, Devon
£475.00pm Tenancy info

Property Investor App

Posting for 1+ years

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Contact Property Investor App


propertyinvestorapp.co.uk

Property Investor App

Posting for 1+ years

See all ads

Contact Property Investor App


propertyinvestorapp.co.uk
Posted
1 day ago
Seller type
Agency
Date available
24 Jun 2020
Property type
Other
Number of bedrooms
3

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

5 Year Rent To SA Opportunity

Furnished 3 Bed Maisonette

Wyndham Square, Plymouth, PL1 5EF

Rent to Landlord = £475 pcm

Finders Fee = £4,000

POTENTIAL NET CASHFLOW

Managed = £620 pcm = £7,440 per annum

Cash flow over 5 years = £37,200

Self Managed = £1,128 pcm = £13,536 per annum

Cash flow over 5 years = £67,680

For a limited time only, we have managed to secure a spacious 3 bedroom maisonette that’s close to Plymouth University & town centre.

This ground floor leasehold property benefits from being walkable distance to Plymouth train station for those without a car and for those that do, there is some on street parking available as well as permit parking.

There is an intercom activated communal door to access the flat from the ground floor level.

Once through the communal entry area, via the security door you enter a courtyard to gain access to the ground floor of the Maisonette. The kitchen has recently been refreshed and the property is also being refreshed throughout. The Lounge/Diner looks across the square at the Cathedral, it is spacious with good natural light.

Upstairs you have two very generous sized double bedrooms with a further double bedroom to make up the three in total. The bathroom has the shower set within the bath.

The property has double glazing and can be offered fully furnished, including the typical modcon’s and white goods that tenants have come to expect (ie Washing machine, tumble dryer, kettle toaster, etc).

The property is in an Article 4 area, but you will not need an HMO License if renting to less than 5 people.

The landlord is happy to allow the property to be sub-let and just wants a guaranteed rent each month. He is open for a long lease of up to 7 years if things go well initially.

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1376371330


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